|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
IFTF Releases Latest Fur Sales Figures
Worldwide Trade Continues to Rise
According to the latest survey undertaken by the International Fur Trade Federation (IFTF) the global value of retail sales of fur garments, trim and accessories increased by some 4% in the year 2002-2003 to a figure of $11.3 billion.
The figure, which covers the sale of fur in the 29 countries represented within IFTF's membership, marks the fifth annual increase since IFTF began compiling annual results.
"The increase in turnover represents a very strong achievement, considering the economic difficulties faced by a number of countries included in the survey," commented IFTF Chairman Andreas Lenhart. "The fur trade has in fact done remarkably well in the present climate, when many luxury brands have been having a very tough time."
Mr. Lenhart went on to explain that the fur trade is holding its own so well because the sector has transformed and re-invented fur to meet the needs and desires of the modern consumer. New techniques in manufacturing and dressing fur mean that it now has a lightness and versatility that makes it ever more attractive to designers and consumers alike.
1. IFTF figures cover retail sales through traditional fur retail outlets. They do not include fur sold through fashion houses.
2. IFTF is an independent federation of 33 national fur trade associations and organisations representing 27 countries.
For further information visit www.iftf.com, or contact: Tanya Baird, International Fur Trade Federation, PO Box 495, Weybridge, KT13 8WD, U.K.; pressoffice@iftf.com; Fax: +44-1932-850033.